Description

KRAZYBEE SERVICES LTD has set record date for part redemption of non-convertible debentures and interest payment, with reduced face value effective from January 23, 2026.

Summary

KRAZYBEE SERVICES LTD has announced part redemption of its Non-Convertible Debentures (NCDs) along with interest payment. The record date has been set as January 24, 2026, and trading in the debentures will commence with reduced face value from January 23, 2026. The face value will be reduced to Rs. 50,000 per debenture.

Key Points

  • Company: KRAZYBEE SERVICES LTD
  • Security Code: KSL-11.82%-09-11-26-PVT
  • ISIN: INE07HK07759 (Code: 975794)
  • Purpose: Part Redemption of Debentures and Payment of Interest
  • Reduced Face Value: Rs. 50,000 per Debenture
  • Effective Settlement: DR-805/2025-2026

Regulatory Changes

No regulatory framework changes. This is a standard corporate action involving partial redemption of debt securities.

Compliance Requirements

  • Trading Members must note the reduced face value effective from January 23, 2026
  • All trading in these debentures from the effective date will reflect the new reduced face value
  • Members should update their systems to reflect the face value change

Important Dates

  • Record Date: January 24, 2026 - For determining eligibility for interest payment and part redemption
  • Effective Date of Reduced Face Value: January 23, 2026
  • Settlement Number: DR-805/2025-2026

Impact Assessment

This corporate action has moderate impact on debenture holders and trading members. Existing debenture holders will receive partial redemption proceeds and interest payment. The face value reduction from the original amount to Rs. 50,000 per debenture will affect trading calculations, valuations, and settlement processes. Trading members must ensure their systems are updated to reflect the new face value to avoid settlement discrepancies. The action is specific to KRAZYBEE SERVICES LTD’s debt instruments and does not have broader market implications.

Impact Justification

Routine corporate action affecting debenture holders of KRAZYBEE SERVICES LTD with specific impact on debt instrument trading and settlement.